Enteral Nutrition Market Size to 2027 with Analysis by Forecast

According to a new market research study of 'Enteral Nutrition Market to 2027 - Global Analysis and Forecasts by Form, Nutrient Composition and Distribution Channel.' The global enteral nutrition market is anticipated to reach US$ 16,185.64 Mn in 2027 from US$ 8,611.49 Mn in 2018. The market is anticipated to grow with a CAGR of 7.4% from 2019-2027. The report provides trends prevailing in the global enteral nutrition market and the factors driving the market along with those that act as hindrances.

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The enteral nutrition market is highly competitive, with a considerable number of players operating in the market. Most of the companies operating in the enteral nutrition market are present across the globe and have wide distribution and sales networks through partnerships or authorized dealers.

Segments:

The global enteral nutrition market, based on nutrient composition has been segmented into protein based, carbohydrates based, fat based, vitamin based, others. The protein based segment held a largest share of the market in 2018. Moreover, the segment is also anticipated to register the highest CAGR in the market during the forecast period, owing to rapid adoption of computer assisted designing and manufacturing in dentistry and the advantages offered by this technology in terms of ease of use, accuracy, efficiency and reproducibility.

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Leading Companies are:

The leading companies operating in the Enteral Nutrition Market include as B. Braun Melsungen AG, Global, Health Products, Inc., Meiji Holdings Co., Ltd., Victus, Inc., Hormel Foods Corporation, Abbott, Nestlé S.A., Danone Sa, Fresenius Kabi AG, Mead Johnson Nutrition Company among others. Various companies are focusing on organic strategies such as product launch and product approvals. Inorganic growth strategies witnessed in the market were partnerships and acquisition.

Key factors that are driving growth of the market are increasing malnutrition worldwide and increasing incidence of chronic diseases. Although the market of the nutrition is expected to have restraining factors which include complications associated with enteral nutrition.

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This release was published on openPR.